Kraft Heinz speaks daily with Amazon.com and Walmart Inc, hoping to speed up deliveries as customers worldwide stay home and shop online to protect themselves from the COVID-19 pandemic, Kraft Heinz's CEO said on Friday.
Fitch ratings lowered its rating for The Kraft Heinz Company one notch to BB+.
Kraft Heinz Co on Thursday reported a 5.1% fall in quarterly sales, missing estimates due to lower U.S. demand for cheese, coffee, bacon and other products.
Select varieties of Breakstone’s Cottage Cheese are being recalled
Keurig Dr Pepper and McDonald's announced a U.S. coffee deal on Thursday, which could single the end of Kraft Heinz's coffee business.
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